United States 116th Congress ✓ Enacted · P.L. 116-70 1 R cosponsors

S 862 — Rebuilding Small Businesses After Disasters Act

Last action — Became Public Law No: 116-70.

Track this bill free

No card. One bill, free forever — alerts when it moves.

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced March 25, 2019. Enacted.

Prognosis

Advancing 52% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 R).

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

25 added · 28 removed

Plain-language change summary

The amendment changes the time period for evaluating the performance, including the default rate, of loans made under the Small Business Act from "4 years" to "7 years." This adjustment extends the duration over which these loans are assessed, potentially providing a longer timeframe for understanding their effectiveness after disasters.

→
Previous
Latest
[Congressional Bills 116th Congress] [From the U.S.
[116th Congress Public Law 70] [From the U.S.
Government Publishing Office] [S.
Government Publishing Office] [[Page 133 STAT.
862 Engrossed in Senate (ES)] <DOC> 116th CONGRESS 1st Session S.
1145]] Public Law 116-70 116th Congress An Act To extend the sunset for collateral requirements for Small Business Administration disaster loans.
862 _______________________________________________________________________ AN ACT To extend the sunset for collateral requirements for Small Business Administration disaster loans.
<<NOTE:
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1.
Nov.
22, 2019 - [S.
862]>> Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, <<NOTE:
Rebuilding Small Businesses After Disasters Act.
15 USC 631 note.>> SECTION 1.
Not later than 1 year after the date of enactment of this Act, the Comptroller General of the United States shall submit to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives a report comparing-- (1) the performance, including the default rate, of loans made under section 7(b)(1) of the Small Business Act (15 U.S.C.
Not later than 1 year after the date of enactment of this Act, the Comptroller General of the United States shall submit to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives a report comparing-- (1) <<NOTE:
Time period.>> the performance, including the default rate, of loans made under section 7(b)(1) of the Small Business Act (15 U.S.C.
636(b)(1)) in accordance with the amendment made by section 2102(a) of the RISE After Disaster Act of 2015 (Public Law 114- 88;
636(b)(1)) in accordance with the amendment made by section [[Page 133 STAT.
1146]] 2102(a) of the RISE After Disaster Act of 2015 (Public Law 114- 88;
Passed the Senate August 1, 2019.
Approved November 22, 2019.
Attest:
LEGISLATIVE HISTORY--S.
Secretary.
862:
116th CONGRESS 1st Session S.
--------------------------------------------------------------------------- CONGRESSIONAL RECORD, Vol.
862 _______________________________________________________________________ AN ACT To extend the sunset for collateral requirements for Small Business Administration disaster loans.
165 (2019):
Aug.
1, considered and passed Senate.
Nov.
20, considered and passed House.
<all>
⬇ Download PDF
View plain text versions (5)

Action History

  1. Signed by President.

  2. Signed by President.

  3. Became Public Law No: 116-70.

  4. Became Public Law No: 116-70.

  5. Presented to President.

  6. Presented to President.

  7. Ms. Craig asked unanimous consent to take from the Speaker's table and consider.

  8. Considered by unanimous consent. (consideration: CR H9101-9102)

  9. Passed/agreed to in House: On passage Passed without objection.(text: CR H9102)

  10. On passage Passed without objection. (text: CR H9102)

  11. Motion to reconsider laid on the table Agreed to without objection.

  12. Received in the House.

  13. Held at the desk.

  14. Measure laid before Senate by unanimous consent. (consideration: CR S5320-5321)

  15. Passed/agreed to in Senate: Passed Senate with an amendment and an amendment to the Title by Voice Vote.

  16. Passed Senate with an amendment and an amendment to the Title by Voice Vote.

  17. Message on Senate action sent to the House.

  18. Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 116-111.

  19. Committee on Small Business and Entrepreneurship. Reported by Senator Rubio without amendment. Without written report.

  20. Committee on Small Business and Entrepreneurship. Reported by Senator Rubio without amendment. Without written report.

  21. Placed on Senate Legislative Calendar under General Orders. Calendar No. 54.

  22. Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.

  23. Introduced in Senate

  24. Read twice and referred to the Committee on Small Business and Entrepreneurship.

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

Show all 546 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

public-safety labor
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors S 862?
S 862 is sponsored by Kennedy, John (Republican).
What is the current status of S 862?
This bill has been enacted into law. Introduced March 25, 2019. Enacted.
Where can I track S 862?
Track S 862 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on S 862

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of S 862

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →